Telenor Pakistan is a GSM cellular
service provider, and is a subsidiary of Telenor, Norway. It has a subscriber
base of 22.06 million as of March 2010.

Telenor acquired the license for
providing GSM services in Pakistan in April 2004, and HAD launched its services
commercially in Islamabad, Rawalpindi and Karachi in March 2005. The same month,
Telenor started its services in Lahore, Faisalabad and Hyderabad.

Telenor has its corporate headquarter
in Islamabad, with regional offices in Karachi and Lahore.

Telenor is providing eight prepaid
packages and four postpaid packages.

A spokesman of the company told Page
that Telenor Pakistan is a wholly-owned subsidiary of Telenor. Telenor was
awarded a GSM licence in Pakistan in April 2004 and launched commercial mobile
services in March 2005.

As at 30th September 2009, Telenor
Pakistan had 21.7 million mobile subscribers, its mobile penetration 58 per
cent, according to official estimates.

According to him, Telenor Pakistan
currently holds a nationwide GSM 900 MHz/1800 MHz licence (excluding Azad Jammu
and Kashmir) and the northern areas. This licence was awarded in April 2004 for
US $291 million. In June 2006, Telenor Pakistan was awarded a GSM 900 MHz /1800
MHz licence to build and operate a mobile network in AJK and the Northern Areas
for US$10 million. Both licences are valid for a 15-year period. Telenor
Pakistan met its rollout obligations under both licences during January 2007 and
March 2007, respectively.

In addition to the two GSM licences,
Telenor Pakistan holds a Long Distance and International licence through which
it is providing nationwide and international call services. The licence expires
in 2024.

Since its inception, the spokesman
said, Telenor Pakistan has rolled out its GSM network at a steady pace and has
become one of the fastest growing mobile networks in Pakistan based on its
coverage and capacity. The network currently being rolled out is GPRS and EDGE
enabled. As at 30th September 2009, Telenor Pakistan's EDGE coverage is the most
extensive in Pakistan.

It may be noted that the Pakistan
Telecommunication Authority (PTA) had issued M-Banking regulations which
envisage a bank-led model for mobile banking in Pakistan. In response, Telenor
Pakistan worked to acquire a bank and was successful in acquiring a 51 per cent
share in Tameer Bank.

While Telenor Pakistan has started
working on the provision of mobile financial services via a bank-led model, it
has also stressed the need for transition towards implementing a telecom-led
model in the coming years.

The spokesman said that Telenor
Pakistan introduced a new scheme by making normal retailer shops as their
'Merchants' who, in the first phase, will act as the spot where a person can
make a transaction. Added up by Telenor franchises across the country, the total
number of 'easypaisa' outlets went into thousands giving country's people an
ease of making money related transactions better than bank for the same purpose.
The 'easypaisa' service is easy, quick & reliable as it the very first of its
own kind.

The spokesman said that Telenor
Pakistan has been awarded the 'Most Preferred Employer' of Pakistan by a public
poll in 2009. It was another landmark for the company as it has gained immense
support from the country's people due to its strong marketing strategy and
flexible Codes of Conduct for its employees.

He said the Telenor Pakistan also
launched solar-powered base stations to increase network coverage. Solar-powered
base stations are energy-efficient and eco-friendly.

The Telenor has further invested US$80
million into its offshoot company working in Pakistan. The investment is one of
the largest contribution made by any telecommunications company in Pakistan in
the current fiscal year.

The investment from the Group is going
to be utilized for various ongoing and upcoming projects like network expansion,
improved customer services, and more aggressive roll-out of financial services,
the spokesman added.

According to the spokesman, this
continuous stream of investment from Telenor reinforces the company's long-term
commitment to Pakistan and shows confidence in future growth in the telecom
sector. The investment will contribute to the development of our infrastructure
and expansion of our services.

He further said that Telenor Pakistan
is the second largest mobile operator in Pakistan with a subscriber base of 22.6
million and market share of 23.7 per cent in the telecom sector. The company has
an extensive distribution network with over 250 franchises and 175,000
retailers.